Bitnomial Secures U.S. CFTC Approval for Derivatives Clearing Proposal

Bitnomial Secures U.S. CFTC Approval for Derivatives Clearing Proposal

The motion was approved by all with the exception of Christy Goldsmith Romero.
The commissioners discussed topics such as potential conflicts of interest before voting.
Crypto derivatives firm Bitnomial has been authorized to settle margined futures and options contracts after registering as a derivatives clearing organization in the United States with the consent of the Commodity Futures Trading Commission (CFTC).
Bitnomial applied to the Commodity Futures Trading Commission (CFTC) to provide U.S investors with margined bitcoin futures and options linked to bitcoin futures. The CFTC commissioners voted 2-1 in support of the application.
With the exception of Christy Goldsmith Romero, the motion was approved by Commissioner Kristin Johnson and Chairman Rostin Behnam. Both Summer Mersinger and Caroline Pham agreed and backed the decision of the majority.
Expanding Product Offering and Customer Base
Bitnomial was already authorized to list futures and options contracts as a recognized co

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